BTC, ETH, XRP, BNB, Sol, Ada, Doge, PI, Leo, Hbar

Bitcoin (BTC) wore $ 76606 on March 11, but Bulls could not keep the price above $ 84,500 on March 12.

She told the main research analyst at Nanteleeger Cointelegraph that Bitcoin is correcting Macro in a ascending market, with the following decisive level “71000-72000 dollars, the highest pre-election trading scope.”

Glassnode also expected a similar goal in the market report on March 11. Onchain Analytics said the recent sales have been faded by short -term holders who may have bought near the peak in January. Glassnode added that Bitcoin can exceed approximately $ 70,000 if the sale continues.

Not only the encryption markets. Even the American stock market has been under pressure in the past few days. However, the silver lining of the bulls is that the US dollar index (DXY) has been corrected from its highest level at the top of 110 to less than 104. Bitcoin moves in reverse connection to the dollar, indicating that the bottom may be just around the corner.

Can Bitcoin re -test support at $ 7660 or rise above 85,000 dollars? What are the important support and resistance levels that should be paid attention to in Altcoins? Let’s analyze the plans from the 10 best encrypted currencies to discover this.

Bitcoin price analysis

Bitcoin broke out to less than 78258 dollars on March 10 and decreased to $ 76606 on March 11, but the bears could not maintain the lowest levels. This indicates the purchase of solid by the bulls.

The relief rally faces sale near the SIA moving average for 20 days (87262 dollars), but a positive minor in favor of the bulls is that the RSI Index Index shows a positive difference. Buyers will have to pay the price over EMA for 20 days to suggest that the correction can end. The BTC/USDT pair may rise to the simple moving average for 50 days (94,654 dollars).

On the negative side, the bulls are expected to defend $ 73,777 with all its strength because the break below may sink the husband to $ 67,000.

Ether price analysis

ETHER (ETH) fell to less than $ 1,993 on March 9, and the extension of the decline, reaching $ 1754 on March 11.

The bulls try to start a recovery, which is expected to face a great resistance at a collapse of $ 2111. If the price decreases sharply from $ 2,111, it will indicate that the bears have turned the level to resistance. This increases the risk of interruption to less than 1754 dollars. ETH/USDT’s pair may descend to $ 1500.

On the contrary, an EMA break for 20 days (2,235 dollars) indicates that the market has rejected the rest to less than $ 2,111. The husband may then rise to 2800 dollars, as the bears are expected to enter.

XRP price analysis

XRP (XRP) decreased without two dollars in March 11, but the bears could not maintain the lower levels, as it appears from a long tail on the candlestick.

Bears try to stop recovery in EMA for 20 days ($ 2.35). If the price persists less, the possibility of a break is less than $ 2. If this happens, the XRP/USDT pair will complete the head style and shoulder. There is simple support at $ 1.77, but if the crack level, the decrease may extend to $ 1.28.

Unlike this assumption, if the price exceeds EMA for 20 days, the husband may rise to SMA for 50 days ($ 2.58) and then to $ 3.

BNB price analysis

BNB (BNB) rose from $ 507 on March 11, indicating that the bulls are strongly defending the support zone from 500 to 460 dollars.

The EMA relief rally is expected to face 20 days ($ 592). If the price decreases sharply from EMA for 20 days, the bears will try to sink the BNB/USDT pair less than $ 500. The husband may decrease to $ 460 if he can pull it.

Instead, if the price rises above the EMA for 20 days, it will indicate that the husband may remain within the range of $ 460 to $ 745 for a longer period. The bulls will return to the driver’s seat at a break and close over SMA for 50 days ($ 628).

Solana price analysis

Solana rose from $ 112 on March 11, indicating that the bulls are strongly defending the support of $ 110.

The relative strength index shows early signs to form a positive difference, indicating that the declining momentum can weaken. The first mark of the force will be a break and close to EMA for 20 days ($ 145).

If the price decreases from the current level or EMA for 20 days, this indicates that each simple gathering is sold. This increases the risk of a break of less than $ 110. The Sol/USDT pair can stumble to $ 98 and then to $ 80.

Cardano prices analysis

Cardano (ADA) recovered from the upper direction line on March 11, indicating that the bulls are trying to stop the decline.

Bears are unlikely to surrender easily and are expected to be sold in moving averages. If the price decreases from the moving averages, it will indicate the sale on the gatherings. The bears will then try to strengthen its position by pulling the price below the upper direction line. If they do, the ADA/USDT pair may decrease to $ 0.60 and then to $ 0.50.

Unlike this assumption, a break and closure on the moving averages indicate that the bulls have returned to the game. The husband may then gather to $ 1.02.

Dogecoin price analysis

Dogecoin (Doge) continued its chip and reached $ 0.14 on March 11. The bulls try to defend the level, but they may face sale at higher levels.

If the price decreases from EMA for 20 days ($ 0.20), it will indicate that the feelings are still negative and that merchants sell over the gatherings. This increases the risk of interruption less than $ 0.14. DOGE/USDT’s pair may go down to $ 0.10 if that happens.

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On the contrary, a 20 -day break and closure indicates that the bears lose their grip. The husband can ascend to SMA for 50 days ($ 0.25), which may pose a strong challenge again.

PI price analysis

PI (PI) gets support at the Fibonacci tradition level 61.8 % from $ 1.20, indicating purchase at lower levels.

The relief rally is expected to face resistance in EMA for 20 days ($ 1.69) and then again at $ 2. If the price decreases from public resistance, the PI/USDT pair may range between $ 2 and $ 1.20 for some time.

A two -dollar break and closure indicates that the correction may end. The husband can gather to $ 2.40. Instead, a break and closed less than $ 1.20 pair to the re -partition level by 78.6 % at $ 0.72.

UNUUS LEO prices analysis

Unus Sed Leo (Leo) integrates slightly less than $ 10 for several days, indicating that the bulls are adhering to their locations because they expect another higher leg.

Leo/USD pair has formed an ascending triangular style, which will be completed in a break and closed over $ 10. If this happens, the husband can resume the upward trend towards the target of $ 12.04.

This positive offer will be nullified in the short term if the price is reversed and broken below the upper direction line. This will cancel the bullish preparation, and begins to a decrease to $ 8.84 and then to $ 8.30.

HEDERA Prices Analysis

HEDERA (HBAR) wore $ 0.17 on March 11, indicating that the bulls are strongly defending the level.

The freshness of the sale in EMA faces 20 days ($ 0.22), as it appears from the long wick on the candlestick. If the price persists less, the bears will make another attempt to flood the HBAR/USDT pair less than $ 0.17. If she succeeds, the husband may drown to $ 0.12.

On the contrary, a 20 -day EMA break indicates that the sale pressure reduces. The pair can rise to the landline line, which is an important level to see. If buyers pay the price above the downward trend line, the husband may gather to $ 0.29.

This article does not contain investment advice or recommendations. Each step includes investment and risk trading, and readers must conduct their own research when making a decision.